McCormick & Co Inc Ordinary Shares (Non Voting)
MKC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| t#> | LOCK|?@G | LOCK|L<J!@y |
McCormick Earnings: Results Improve, but Unilever Foods Deal Looms Over Discounted Shares
McCormick reported 1.9% organic sales growth on higher prices in its fiscal third quarter. This came alongside a 70-basis-point increase in adjusted gross margin to 17.7%, as cost savings offset inflation in inputs and freight costs.
